27+ Years Reputable Significant Net Income Dry Cleaners Laundry Plant

Asking Price$750,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue

InventoryNot Disclosed

FF&ENot Disclosed

listing imageSave

27+ Years Reputable Significant Net Income Dry Cleaners Laundry Plant


Asking Price$750,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue

InventoryNot Disclosed

FF&ENot Disclosed

Business Description
Located in Southwestern Westchester County along the Hudson River. Two locations owned and operated by the seller on the same street for Organic Dry Cleaning, Laundry, Wash & Fold, Tailoring, Shoe Repair Restoration, Leather, Suede and Rug Cleaning and Plant.

Location #1 Laundry & Organic Dry Cleaners
Monday-Friday 9-7pm, Saturday 9-6pm

Reputable in business 27+ years with long term, loyal customers. Downtown next to bus stop and many residential developments. Across the street from an investment grade (A+ by S&P, F1+ & AA- by Fitch, Aa2 by Moody's) branded gas station with great Route 9 intersection frontage, sign visibility, foot and 16k + car traffic per day!

Yearly gross sales around $870k. 1,400 square feet, five year lease with a five year renewal option, $4k monthly rent not including utilities.

Locations #2 Rug, Organic Cleaners & Plant
Monday-Saturday 8-5 pm

Several blocks to metro north train station! Seller owns and occupies this 1,900 sq ft single tenant building with a backyard however the building is not included in the sale. New 10 year lease with option to renew for 10 more years. $6k monthly rent not including utilities. Seller willing to finance 10% of sales price.

Yearly gross sales around $150k

Combined locations total yearly gross income around $1,020,000
Combined locations total yearly expenses around $730k.
Combined total yearly net income around $290k @ 39% cap!
Combined package asking price $750k

For questions and appointments, contact Diane Mi Ryoung Chong at 718-640-4431, michong2009@gmail. com or Paul Jung Ho Choe at 646-436-0977, jungh49@gmail. com. Real estate agents at Hanmi Realty.
About the Business
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
3,300
Rent
$10,000.00 per month
Listing Info
ID
2501611
Listing Views

Contact Seller

By clicking the button, you agree to BizQuest's Terms of Use and Privacy Notice.

Business Listed by: Diane Chong Hanmi Realty

Listing ID: 2501611 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.


Similar Listings
Snapple Route (6133)
$359,000Snapple Route (6133)Westchester County, NY
MilliCare
$50,000MilliCareFeatured Franchise
Laundromat w/ Dry Cleaning Services Business
$475,000Laundromat w/ Dry Cleaning Services BusinessWestchester County, NY
Dryer Vent Wizard
$50,000Dryer Vent WizardFeatured Franchise
Custom Tailor, Alteration and Retail shop
$950,000Custom Tailor, Alteration and Retail shopWestchester County, NY
Miracle Method Surface Refinishing
$45,000Miracle Method Surface RefinishingFeatured Franchise
New York Tree Service Business For Sale
$399,000New York Tree Service Business For SaleWestchester County, NY
One Hour Heating & Air Conditioning
$150,000One Hour Heating & Air ConditioningFeatured Franchise
Snapple Route (6133)
$359,000Snapple Route (6133)Westchester County, NY
MilliCare
$50,000MilliCareFeatured Franchise
Laundromat w/ Dry Cleaning Services Business
$475,000Laundromat w/ Dry Cleaning Services BusinessWestchester County, NY
Dryer Vent Wizard
$50,000Dryer Vent WizardFeatured Franchise